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TechCorp

📍 San Francisco👥 85
92
Post-Funding
⭐ Ideal Match

Just raised $40M Series B - high purchase intent window

Neuralmagic, Inc. announced it raised $28.8 Million in an initial filing from an offering of $35 Million

Dec 20, 2021almost 4 years ago

Amount Raised

$28.8 Million

SomervilleInformation Technology

Company Information

Company

Neural Magic

Location

240 Elm Street

Somerville, Massachusetts, United States

About

Neural Magic is making deep learning faster, affordable, and flexible with automated model sparsification technologies that minimize footprint and allow models to run on CPUs at GPU speeds. The company is spun out of MIT by founders Nir Shavit and Alexander Matveev who were frustrated by the limitations in memory size and software complexity imposed by GPUs. Neural Magic investors include Amdocs, Andreessen Horowitz, Comcast Ventures, NEA, and Pillar VC.

FundzWatch™ Score

62
Medium Activity

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